Sourcing Manager

Faegre Drinker Biddle & ReathMinneapolis, MN
Hybrid

About The Position

Faegre Drinker has an opportunity for a Sourcing Manager to work with our Sourcing & Vendor Governance department in our Minneapolis, Philadelphia, Chicago, Denver, Washington, D.C., or downtown Indianapolis office. You will be part of a dynamic team performing contract review, redlining, and negotiating legal and business terms with the Firm’s third-party vendors for a variety of products and services. This position will work with other talented individuals who share a passion for doing great work in the best interest of the Firm’s operations team.

Requirements

  • Ability to problem-solve
  • Excellent interpersonal, verbal and written communication skills, including the ability to communicate effectively in a virtual environment (e.g., via phone, web/videoconference)
  • Ability to concentrate on tasks, make decisions and work calmly and effectively in a high-pressure, deadline-orientated environment
  • Demonstrated ability to use good judgment in taking initiative while asking for direction or clarification and consulting others, as appropriate
  • Willingness to be flexible with time and adjust to a changing work environment
  • Ability to build and maintain positive relationships, both internally and externally, while maintaining a client service orientation in a collaborative environment
  • Ability to use sound judgment and discretion in dealing with highly confidential information
  • Demonstrated ability to work independently, organize and accurately prioritize work, be detail-oriented, understand when urgency is required and use good judgment in varied situations
  • Bachelor's degree, preferably in management, or a related field
  • 5 years of experience in sourcing, where negotiation of all legal terms and conditions was a part of the job
  • Proficiency in reviewing and redlining complex agreements and a high degree of comfort working from vendor paper
  • Understanding of common procurement tools, online or e-Procurement systems

Nice To Haves

  • Juris Doctor degree strongly preferred

Responsibilities

  • Lead the acquisition and ongoing management of various vendor-provided products and services
  • Assist with managing the ongoing SaaS subscription landscape to deliver consistent, needed services to the Firm while minimizing costs and security risks to the Firm
  • Engage with the Vendor Management team and coordinate with other Firm resources to ensure that pre-contract due diligence is performed
  • Represent the Sourcing & Vendor Governance department in various RFx and vendor analysis/selection activities with respect to contracting concerns
  • Assist in reviewing and evaluating the ongoing performance of the Firm’s strategic vendors
  • Participate in the ongoing evaluation of service provider costs against contracted rates and the Firm’s budget expectations
  • Upload fully executed contracts into the Firm’s Document Management System
  • Special projects and other duties as assigned

Benefits

  • Flexible working environment for work-life success
  • Opportunity to participate in Firm-sponsored volunteer events
  • Wellness programming with personalized content and activities
  • Professional environment and the opportunity to work with experts at the top of their fields
  • Variety of health plan options, as well as dental, vision and 401(k) plans
  • Generous paid time off
  • discretionary bonus
  • life, health, accident, and disability insurance
  • a 401(k) plan
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